Rank 2006 Insurance
Top 20 Bank Holding Companies in Insurance Brokerage Fee Income
(2006/Nationally)
Brokerage Fee Bank
Income Holding Company Name City, State Web site
1 $1.7 billion Citigroup Inc. New York, N.Y. www.citigroup.com
2 $1.1 billion Wells Fargo & Co. San Francisco, Calif. www.wellsfargo.com
3 $805.9 million BB&T Corp. Winston-Salem, N.C. www.bbt.com
4 $401.0 million JPMorgan Chase & Co. New York, N.Y. www.jpmorganchase.com
5 $386.0 million Wachovia Corp. Charlotte, N.C. www.wachovia.com
6 $340.4 million Bank of America Corp. Charlotte, N.C. www.bankofamerica.com
7 $165.5 million Greater Bay Bancorp Palo Alto, Calif. www.gbbk.com
8 $83.4 million Regions Financial Corp. Birmingham, Ala. www.regions.com
9 $83.1 million Commerce Bancorp Inc. Cherry Hill, N.J. www.commerceonline.com
10 $74.8 million Compass Bancshares Inc. Birmingham, Ala. www.compassbank.com
11 $73.2 million UnionBanCal Corp. San Francisco, Calif. www.uboc.com
12 $68.6 million BancorpSouth Inc. Tupelo, Miss. www.bancorpsouthonline.com
13 $68.1 million PNC Financial Services Group Inc. Pittsburgh, Pa. www.pnc.com
14 $66.9 million Fifth Third Bancorp Cincinnati, Ohio www.53.com
15 $65.2 million National City Corp. Cleveland, Ohio www.nationalcity.com
16 $59.4 million Keycorp Cleveland, Ohio www.key.com
17 $58.5 million Sky Financial Group Inc. Bowling Green, Ohio www.skyfi.com
18 $56.1 million TD Banknorth Inc. Portland, Maine www.tdbanknorth.com
19 $54.0 million Popular Inc. San Juan, Puerto Rico www.bancopopular.com
20 $52.5 million Associated Banc-Corp Green Bay, Wis. www.associatedbank.com
Ranking excludes MetLife Inc., which does not engage in significant banking activities
Source: Michael White-Symetra Bank Holding Company Fee Income Report – 2007; Michael White Associates, www.bankinsurance.com